(Total Views: 477)
Posted On: 01/11/2017 8:24:26 PM
Post# of 9144
There was a significant bump yesterday <significant considering the small number of shares that traded (~200k)> to create a 130% bid/ask spread of 0.065 /0.15 on FDA registration news.
Of the small number of shares that traded in total yesterday (261,555), 116,300 shares or 44.5% were sold SHORT.
Total OS shares is somewhere around 130-140 million.
If the Company was in so much trouble to warrant such a high short volume, shouldn't there be a LOT more shares being sold NORMALLY?
Of the small number of shares that traded in total yesterday (261,555), 116,300 shares or 44.5% were sold SHORT.
Total OS shares is somewhere around 130-140 million.
If the Company was in so much trouble to warrant such a high short volume, shouldn't there be a LOT more shares being sold NORMALLY?
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